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Beam Bidco Gains Control Over Pacific Smiles with 89.20% Stake
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Beam Bidco Gains Control Over Pacific Smiles with 89.20% Stake

Story Highlights

Invest with Confidence:

Pacific Smiles Group Ltd ( (AU:PSQ) ) has provided an update.

Beam Dental Bidco Pty Limited has announced a significant change in its interest in Pacific Smiles Group Limited, having achieved 89.20% voting power through its off-market takeover bid. This power was attained through acceptances under the offer and subsequent on-market purchases, indicating a successful acquisition strategy and solidifying Beam Bidco’s control over Pacific Smiles.

More about Pacific Smiles Group Ltd

Pacific Smiles Group Ltd operates in the dental industry, providing dental care services primarily through its network of dental centers across Australia. The company focuses on offering accessible and affordable dental services to its customers.

YTD Price Performance: 0.26%

Average Trading Volume: 417,927

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$316M

For an in-depth examination of PSQ stock, go to TipRanks’ Stock Analysis page.

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